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Shopping Strip

Falls Creek Plaza

833 N Lexington-Springmill Rd, Ontario, OH 44906

Listing Price: $3,301,271

Cap Rate
8.89%
Gross SF
13,500
Rentable SF
13,500
Price/Gross SF
$244.54
Lot Size
1.25 acres
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to present Falls Creek Plaza located in Ontario, Ohio. This center is 100 percent occupied by two nationally branded tenants, Verizon and Boot Barn. Boot Barn is Corporately Guaranteed. Verizon has long-term occupancy being an original tenant since 2004. Excellent location on a main retail thoroughfare. One block from Richland Mall and adjacent to Planet Fitness. Situated on the signalized, hard corner intersection of Lexington Springmill Road and Village Mall Drive with 180,000 vehicles passing per day. High visibility with pylon signage and ample parking.

Investment Highlights

  • Situated on the Signalized, Hard Corner Intersection of Lexington Springmill Road and Village Mall Drive
  • High Visibility with Pylon Signage | 270 Feet of Frontage
  • Ample Parking | Over 55 Surface Spaces
  • 100 Percent Occupied by Two Nationally Branded Tenants | Verizon and Boot Barn
  • Boot Barn is Corporately Guaranteed
  • Long-Term Occupancy | Verizon is an Original Tenant (2004)
  • Excellent Location on a Main Retail Thoroughfare

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $3,301,271

Cap Rate
8.89%
Gross SF
13,500
Rentable SF
13,500
Price/Gross SF
$244.54
Lot Size
1.25 acres
Year Built
2004

Investment Highlights

  • Situated on the Signalized, Hard Corner Intersection of Lexington Springmill Road and Village Mall Drive
  • High Visibility with Pylon Signage | 270 Feet of Frontage
  • Ample Parking | Over 55 Surface Spaces
  • 100 Percent Occupied by Two Nationally Branded Tenants | Verizon and Boot Barn
  • Boot Barn is Corporately Guaranteed
  • Long-Term Occupancy | Verizon is an Original Tenant (2004)
  • Excellent Location on a Main Retail Thoroughfare

Investment Overview

Marcus & Millichap is pleased to present Falls Creek Plaza located in Ontario, Ohio. This center is 100 percent occupied by two nationally branded tenants, Verizon and Boot Barn. Boot Barn is Corporately Guaranteed. Verizon has long-term occupancy being an original tenant since 2004. Excellent location on a main retail thoroughfare. One block from Richland Mall and adjacent to Planet Fitness. Situated on the signalized, hard corner intersection of Lexington Springmill Road and Village Mall Drive with 180,000 vehicles passing per day. High visibility with pylon signage and ample parking.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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